Reading view
DeepSeek sell-off shows the risks of a concentrated US stock market
Should investors turn to equally weighted index products?
Venture Global’s IPO stumble shows the limits of gassing up a valuation
Pitch in poetry, execute in prose
How the Davos crowd responded to Trump’s return
Business leaders are worried about climate shocks, but leery of phrases such as ‘green transition’
Immigration and growth
Plus stocks for 2025
Davos Man collides with Trump 2.0
Plus, expensive US stocks, Ray Dalio’s UK debt warning and Le Corbusier at the Zentrum Paul Klee in Bern
FTfm: Fixed Income
Will Donald Trump’s presidency be good or bad for fixed income investors and how should they position themselves? Plus: the future of traditional bonds and are investors too complacent about the risks facing junk bonds?
Advances by China’s DeepSeek sow doubts about AI spending
Start-up’s model raises questions about need for huge western hardware investment
Nigeria’s plan to boost delta drilling sparks anger
Campaigners rally against effort to revive Ogoniland production over legacy of environmental destruction
UK banks clash with BoE over rules on loss-absorbing debt
Lenders warn rules will harm City’s competitiveness and impose ‘significant costs’ on the sector
How low will UK interest rates go?
There is more room for the Bank of England to loosen monetary policy than the market expects
Global investors unfazed by PBoC’s warnings on Chinese bonds
Risk of a systemic financial event stemming from bank purchases of the country’s bonds is low, analysts say
Fund managers remain bullish on outlook for US high-yield bonds
However, some investors are warning that parts of the market are starting to look overheated
Does lower inflation make bonds an appealing option for portfolios?
Gilts can offer an attractive income that is regular, predictable and contractual
Fixed income investors seek ways to navigate a Trump presidency
US Treasuries, traditionally a haven asset, have become a riskier, more volatile bet
‘Barbell’ effect helps fixed income newcomers usurp traditional bond funds
Cheaper passive funds at one end of the market and alternative assets at the other echo the revolution in equities
Can US oil afford to ‘drill, baby, drill’?
Shale bosses say that Wall Street will stymie Trump’s US oil surge plan
Hong Kong prepares for influx of listings from mainland China
Bankers expect territory to benefit from US-China tensions and Beijing’s capital controls
Brussels under pressure to curb green agenda in response to Trump
Industry and EU member states urge European Commission to wind back sustainability rules
Reeves seeks to unlock billions from UK pension schemes for investment
Ministers set to allow companies to access defined benefit scheme surpluses to help kick-start growth